Showing 1 - 10 of 437
In this paper we develop a structural model for job search behavior of students entering the labor market. The model includes endogenous search effort and on-the-job search. Since students usually do not start a regular job before graduation but start job search earlier, our model is non...
Persistent link: https://www.econbiz.de/10010261923
In my asymmetric-information model of layoffs, high-productivity workers are more likely to be recalled to their former … not have a positive signaling benefit. Analysis of the data from the January 1988-2000 Displaced Workers Supplements to … workers displaced through plant closings in the predicted way, and finds evidence consistent with asymmetric information in …
Persistent link: https://www.econbiz.de/10010276359
In a non-stationary job search model we allow unemployed workers to have a permanent option to leave the labor force. Transitions into nonparticipation occur when reservation wages drop below the utility of being nonparticipant. Taking account of these transitions allows the identification of...
Persistent link: https://www.econbiz.de/10010262149
We show in this paper that important insights into the cyclical behaviour of wages can be gained by dividing (real) average hourly earnings into their straight-time hourly wage and overtime components. Our motivation is based on the idea of employment-contingent contracts. BLS published and...
Persistent link: https://www.econbiz.de/10010262275
Das Ziel der vorliegenden Untersuchung besteht darin, die wesentlichen Determinanten für das Auftreten von Fehlzeiten zu analysieren. In einem ersten Schritt werden die institutionellen Rahmenbedingungen der Entgeltfortzahlung und ihre historische Entwicklung aufgezeigt. Die Analyse...
Persistent link: https://www.econbiz.de/10010262287
Many countries use centralized exit exams as a governance devise of the school system. While abundant evidence suggests positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on subsequent earnings. We suggest that labor-market...
Persistent link: https://www.econbiz.de/10010289960
Using a unique sample of new Ph.D. economists in 1987 and 1997, we examine how job seekers and their employers alter their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much weaker. A multimarket theory of optimal search suggests...
Persistent link: https://www.econbiz.de/10010274021
matching model of a rigid labor market including firing costs, temporary jobs and a minimum wage in order to analyze the issue …
Persistent link: https://www.econbiz.de/10010262671
In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We allow for capital and firm mobility in a model where the government chooses the level of wage, source-based capital and profit taxation. The taxing choices of governments are...
Persistent link: https://www.econbiz.de/10010261641
In order to alleviate unemployment it is often recommended to reduce social security contributions (SSC) and to compensate for the ensuing loss in revenues by a rise in the value-added tax (VAT). Assuming unemployment to be caused by efficiency wages, it is shown that a balanced-budget shift...
Persistent link: https://www.econbiz.de/10010262282